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30.09.2024 6:12
China economic slowdown sends chill through 'golden week' holidays - Nikkei Asia SHANGHAI -- China's tourism industry is bracing for sluggish growth over the upcoming national day holidays, even as regional governments begin to distribute cash vouchers to boost flagging consumer spending.The seven-day "golden week" starts Tuesday, kicking off one of the busiest travel periods as the People's Republic marks the 75th anniversary of its founding.

30.09.2024 6:41
China factory activity contracts for fifth straight month in September - Nikkei Asia HONG KONG -- China's manufacturing activity shrank for a fifth consecutive month in September, but policymakers are hoping to turn things around with a string of stimulus measures announced last week.The country's benchmark purchasing managers' index came in at 49.8 for the month, the National Bureau of Statistics announced Monday. The reading rose from August's 49.1 and beat the median forecast of 49.5 in a Reuters poll.

30.09.2024 7:36
‘A bus is more annoying than a train’: Sydney commuters on the Bankstown line adjust amid wait for metro The NSW government has promised free buses as far as Sydenham, but the shutdown of the T3 Bankstown line still means major change for local residentsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAs Anna Masood and Esmeralda Quintal waited for their train replacement buses, their patience began to wear thin as it began sprinkling.They were waiting for an express bus to Sydenham, from where they would be taking the metro into the CBD, but they got frustrated after two all-stops buses passed them.Sign up for Guardian Australia’s breaking news email Continue reading... ...

30.09.2024 7:38
Cleo Smith abductor’s appeal against sentence fails Terence Darrell Kelly, who pleaded guilty to 2021 kidnapping, will be eligible for parole after serving 11 years and six monthsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe man who kidnapped four-year-old Cleo Smith from her family’s tent at a remote Western Australian campsite has failed to have his sentence reduced.Terence Darrell Kelly attempted to appeal against his jail term of 13-and-a-half years for snatching the girl at the Blowholes campsite, about 70km north of Carnarvon in the early hours of 16 October 2021, as her parents slept. Continue reading... ...

30.09.2024 7:43
India's Manipur suffers fresh violence in bloody ethnic conflict - Nikkei Asia IMPHAL, India -- Indian army soldier Thanglenlal Lhungdim had insisted that his parents flee their village in violence-wracked Manipur and stay with him nearly 1,500 kilometers away in bustling Kolkata.But the couple returned home in a fateful decision that cost Lhungdim's 46-year-old mother her life in this remote northeastern pocket of the country torn apart by bloody ethnic conflict.

30.09.2024 7:49
Tokyo stocks fall nearly 5%, fearing taxes may rise under Ishiba - Nikkei Asia TOKYO -- Japanese stocks fell sharply Monday morning, as investors reacted to Shigeru Ishiba's election as the leader of the ruling Liberal Democratic Party.The benchmark Nikkei Stock Average dropped to 37,928.72, off 1,900.84 points, or 4.8% at one point. The broader Tokyo Stock Price Index lost up to 103.97 points, or 3.8% at 2,636.97. The yen strengthened to 142.25 versus the dollar, gaining 0.9%.

30.09.2024 8:18
Japan’s incoming prime minister Shigeru Ishiba to call snap election – reports The 67-year-old will seek an early public mandate after seeing off a rightwing challenge to become the leader of the ruling Liberal Democratic partyJapan’s incoming prime minister Shigeru Ishiba is poised to call a snap election for the end of the month, according to media reports, days after he promised to lift his party’s dwindling fortunes and “put a smile” back on the faces of the public.Ishiba, a moderate who saw off a rightwing challenge on Friday to become the new leader of the ruling Liberal Democratic party (LDP), will be approved as prime minister in parliament on Tuesday and appoint his cabinet later the same day. Continue reading... ...

30.09.2024 8:23
The terrible cost to Israel of marginalizing the PLO Israeli Prime Minister Benjamin Netanyahu is waging a relentless war against opponents who only emerged as a result of the weakening of the Palestine Liberation Organization, expelled from Lebanon by Israel to the benefit of Hezbollah and marginalized in Gaza, which has become a Hamas stronghold.

30.09.2024 8:46
Australia news live: Chalmers says second Labor surplus made ‘room for cost-of-living relief’; share market hits another record high The treasurer is speaking to the media from Canberra amid news the government will deliver a $15.8bn budget surplus. Follow today’s news liveTreasurer raised trade restrictions on lobsters with Chinese leadersAsked about the trade restrictions on Australian lobsters by China, Jim Chalmers said:We’ve got a bit more work to do on lobster, but I was able to convey directly to Chinese leaders that we want to see the speedy resolution of those issues.It’s a really important part of stabilising the relationship, which is full of complexity and full of economic opportunity. And while I was there, the Chinese authorities announced some quite substantial steps when it comes to supporting growth in the Chinese economy. We’ve made it really clear that weakness in the Chinese economy has been a big concern for us. It’s a big part of the global economic uncertainty that we’re dealing with …If you look at our Treasury forecasts in the budget, we’re anticipating the weakest few years of Chinese growth, really, since that economy opened up in the late 1970s [and] that’s been a big concern for us. We’ve been upfront about that, so any efforts to try and turn that around in China is a good thing for us. Continue reading... ...